The sale of 4.8 million common shares helped increase the company’s reserves to $3 billion. At the same time, Strategy retained 843.8 thousand BTC ($54.5 billion), or 4% of all coins. The unrealized loss on BTC purchases stands at $9.2 billion (14.5%). Earlier this month, the company made its largest sale of 3.6 thousand BTC for $216 million at an average price of $60.2 thousand per coin. The company now has enough funds to cover 20 months of debt payments. This improves the company’s stability, which led to a rise in the price of STRC preferred shares. In particular, they have climbed 24.5% from the low, from $71.3 to $88.7. The price increase was also supported by a 50 bps dividend hike last month, to 12% annually.